WPX Energy, Inc, Company Intelligence Report

 Published On: Mar, 2015 |    No of Pages: 99 |  Published By: GlobalData | Format: PDF
Request Free Sample

Summary

WPX Energy (WPX Energy Inc.) is an independent exploration and production company. It develops and explores long-life unconventional resources in the US and specializes in producing oil, natural gas and Natural Gas Liquids (NGL) from coal-bed methane reserves and shale formations in the Piceance, Williston and San Juan basins. WPX Energy’s operations are spread across three states: Colorado, New Mexico and North Dakota. It holds a large acreage position in the Piceance and San Juan basins, which are among the largest natural gas producing areas in the US.

Scope

- Key Highlights: This section provides detailed analysis on the company’s overall oil and gas value chain, new projects, growth opportunities, new ventures, assets performance, Capex funding, geographical results of oil and gas operations.
- Goals and Strategies: This section provides the upcoming goals and strategies of the company. The section mainly goals and strategies followed by the company in order to meet its upcoming goals.
- SWOT: The report’s SWOT section provides the internal strength, weakness, opportunities and threats of company to reflect its strategic positions in the market.
- Production and Development Overview: This section highlights the company’s crude oil and natural gas production forecast from its legacy and upcoming assets by region and commodity mix for next five years. The report also covers the detailed information and analysis on the company’s producing and development assets.
- Exploration: This section includes detailed explanation and analysis on the company’s exploration assets resulted due to new discoveries, new drilling and other activities.
- M&A trends: This section mainly provides information and analysis on the company’s recent assets transactions, joint ventures, acquisition, and divestment activities during the last one year. This section highlights the company’s status as a buyer or seller during the analyzed period.
- Financial Forecast and Valuation: This section highlights the detailed financial statement forecast for next five years. With the financial statement forecast, this section also provides intrinsic value of the company by using Net Asset Valuation method.
- Peer Group Analysis: This section compares the company’s performance with its peer group on the basis of share prices, financial ratios, operational and financial parameters and other related parameters.
- Financial and Operational Metrics: This section covers the company’s historical performance on several financial and operational parameters such as Production and Reserves, Reserves Replacement, Costs Incurred, Acreage, Wells, F&D Costs, Oil and Gas Revenue and Expenses etc.

Reasons to buy

The report will enhance the decision-making capability in a more rapid and time sensitive manner. It will allow you to -
- Provide detailed analysis to those who are interested in knowing the companies’ existing and future business strategies.
- Provide in-depth analysis on the companies E&P profiles along with the exploration and M&A updates.
- Provide valuable insights to those who are tracking oil and gas markets and wants to know the intrinsic value of the companies.
- Use the analysis for strategy and planning, M&A identifications, and competitor analysis.

1 Table of Contents
1 Table of Contents 6
1.1 List of Tables 9
1.2 List of Figures 11
2 WPX Energy, Company Overview 13
3 WPX Energy, Key Highlights 18
3.1 Focused Investment to Diversify Commodity Portfolio through Development of High-Return Basins 18
3.2 Continuous Improvement to Drive Production 21
4 WPX Energy, SWOT Analysis 23
4.1 Strengths 23
4.1.1 Strengthening of Asset Portfolio with Focused Development Activities 23
4.1.2 Cost-Efficient Drilling and Exploration Activities 25
4.2 Weaknesses 25
4.2.1 Divestment of Assets Could Impact Production 25
4.3 Opportunities 27
4.3.1 Multi-year Strategy to Accelerate Development Activities 27
4.3.2 Partnerships to Streamline Project Activities 27
4.4 Threats 28
4.4.1 Competition from Industry Players 28
4.4.2 Volatility in Oil and Gas Prices 28
5 WPX Energy, Exploration, Development and Production Overview 29
5.1 Exploration and Development Profile 30
5.2 Production Profile 33
5.3 Assets Portfolio 36
5.3.1 US 37
6 Capital Expenditure 47
6.1 Costs Incurred 50
7 WPX Energy, Forecast Production and Financial Statements 54
7.1 Income Statement, 2012-2019 55
7.2 Balance Sheet, 2012-2019 56
7.3 Cash Flow Statement, 2012-2019 57
8 WPX Energy, Valuation 59
8.1 Net Asset Value Methodology 59
9 WPX Energy, Peer Comparison 60
9.1 Share Price Performance 60
9.2 Operational and Financial Performance 61
9.3 Key Financial and Operational Ratio 67
10 WPX Energy, Inc., Production and Reserves Trends 70
10.1 Total Oil and Gas, Reserves and Production 70
10.1.1 Total Crude Oil and Natural Gas Production and Reserves Trend, 2010-2014 70
10.1.2 Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2010-2014 71
10.1.3 Total Crude Oil and Natural Gas Reserve Changes, 2010-2014 71
10.2 Crude Oil/Liquids Production and Reserve 72
10.2.1 Crude Oil/Liquids Production and Reserve Trend, 2010-2014 72
10.2.2 Crude Oil Production and Reserves By Country/Region, 2010-2014 72
10.2.3 Crude Oil/Liquids Reserve Changes, 2010-2014 73
10.3 Natural Gas Production and Reserve 74
10.3.1 Natural Gas Production and Reserve Trend, 2010-2014 74
10.3.2 Natural Gas Production and Reserves, By Country/Region, 2010-2014 74
10.3.3 Natural Gas Reserve Changes, 2010-2014 75
10.4 Total Crude Oil and Natural Gas Reserves Life Index 76
10.4.1 Total Crude Oil and Natural Gas Reserves Life Index, 2010-2014 76
10.4.2 Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2010-2014 76
11 WPX Energy, Inc., E&P Costs Trends 77
11.1 Allocation of the Upstream Capital Expenditure 77
11.1.1 Upstream Capital Expenditure, 2010-2014 77
11.1.2 Acquisition Costs By Country/Region, 2010-2014 77
11.1.3 Exploration and Development Costs, By Country/Region, 2010-2014 78
11.2 Oil and Gas Cost Per boe, US$/boe 79
11.2.1 Oil and Gas Cost Per boe, US$/boe, 2010-2014 79
11.2.2 Oil and Gas Cost Per boe, US$/boe, By Country/Region, 2010-2014 80
12 WPX Energy, Inc., Reserve Replacement Ratio 81
12.1 Oil and Gas Production Replacement Ratio 81
12.1.1 Oil and Gas Production Replacement Ratio, 2010-2014 81
12.1.2 Oil and Gas Production Replacement Ratio, By Country/Region, 2010-2014 82
13 WPX Energy, Inc., Results of Oil & Gas Operations Trend 83
13.1 Oil and Gas Revenue and Expenses 83
13.1.1 Oil and Gas Revenue and Expenses, 2010-2014 83
13.1.2 Oil and Gas Revenue and Expenses, By Country/Region, 2010-2014 84
13.2 Oil and Gas Revenue and Expenses, Per boe 85
13.2.1 Oil and Gas Revenue and Expenses, By boe, 2010-2014 85
13.2.2 Oil and Gas Revenue and Expenses Per boe, By Country/Region, 2010-2014 86
13.2.3 Oil and Gas Performance Metrics 87
14 WPX Energy, Inc., Land Holdings and Well Data 88
14.1 Developed and Undeveloped Acreage 88
14.1.1 Gross and Net Developed and Undeveloped Acreage, 2010-2014 88
14.1.2 Gross and Net Developed and Undeveloped Acreage, By Country/Region, 2010-2014 89
15 Well Statistics 90
15.1 Producible Oil and Gas Well, 2010-2014 90
15.1.1 Producible Oil and Gas Well, By Country/Region, 2010-2014 90
15.1.2 Exploration and Development Wells Drilled, 2010-2014 91
15.1.3 Exploration and Development Wells Drilled, By Country/Region, 2010-2014 92
16 Appendix 93
16.1 Abbreviations 93
16.2 Sources 95
16.3 Research Methodology 97
16.3.1 Coverage 97
16.4 Disclaimer 98

1.1 List of Tables
Table 1: WPX Energy, Total Oil and Gas Production Forecast, 2012-2019 35
Table 2: WPX Energy, Piceance Basin Key Operational Parameters, Latest Reported, 2014 40
Table 3: WPX Energy, Piceance Basin Oil and Gas Production (mmcfd), 2012-2014 40
Table 4: WPX Energy, Williston Basin Key Operational Parameters, Latest Reported, 2014 42
Table 5: WPX Energy, Williston Basin Oil and Gas Production (mmcfd), 2012-2014 43
Table 6: WPX Energy, San Juan Basin Key Operational Parameters, Latest Reported, 2014 45
Table 7: WPX Energy, San Juan Basin Oil and Gas Production (mmcfd), 2012-2014 46
Table 8: WPX Energy, Capital Expenditure by Regions (US$ mil), 2011-2014 49
Table 9: WPX Energy, Costs Incurred (US$ mil), 2010-2014 51
Table 10: WPX Energy, Reserve Replacement Ratio (%) and Finding and Development Costs (US$/boe), 2011-2014 53
Table 11: WPX Energy, Historical and Forecast Production, 2012-2019 54
Table 12: GlobalData, Price Forecasts, 2015-2019 54
Table 13: WPX Energy, Income Statement (US$ mil), 2012-2019 55
Table 14: WPX Energy, Balance Sheet (US$ mil), 2012-2019 56
Table 15: WPX Energy, Cash Flow Statement (US$ mil), 2012-2019 57
Table 16: WPX Energy, Net Asset Value, 2014 59
Table 17: WPX Energy, Peer Group Comparison, Operational and Financial Performance, 2013 61
Table 18: WPX Energy, Peer Group Comparison, Total Reserves and Production (mmboe), 2013 65
Table 19: WPX Energy, Peer Group Comparison, Financial and Operational Ratios, 2013 67
Table 20: WPX Energy, Inc., Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2010-2014 70
Table 21: WPX Energy, Inc., Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, mmboe, 2010-2014 71
Table 22: WPX Energy, Inc., Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2010-2014 71
Table 23: WPX Energy, Inc., Crude Oil Production and Reserves Metrics, mmbbl, 2010-2014 72
Table 24: WPX Energy, Inc., Crude Oil Production and Reserves, By Country/Region, mmbbl, 2010-2014 72
Table 25: WPX Energy, Inc., Crude Oil Reserve Changes, mmbbl, 2010-2014 73
Table 26: WPX Energy, Inc., Natural Gas Production and Reserves Metrics, bcf, 2010-2014 74
Table 27: WPX Energy, Inc., Natural Gas Production and Reserves, By Country/Region, bcf, 2010-2014 74
Table 28: WPX Energy, Inc., Natural Gas Reserve Changes, bcf, 2010-2014 75
Table 29: WPX Energy, Inc., Oil and Gas Reserves Life Index, Years, 2010-2014 76
Table 30: WPX Energy, Inc., Oil and Gas Reserves Life Index, By Country/Region, Years, 2010-2014 76
Table 31: WPX Energy, Inc., Upstream Capital Expenditure, US$ mil, 2010-2014 77
Table 32: WPX Energy, Inc., Proved and Unproved Acquisition Costs, By Country/Region, US$ mil, 2010-2014 77
Table 33: WPX Energy, Inc., Exploration and Development Costs, By Country/Region, US$ mil, 2010-2014 78
Table 34: WPX Energy, Inc., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2010-2014 79
Table 35: WPX Energy, Inc., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, By Country/Region, 2010-2014 80
Table 36: WPX Energy, Inc., Oil and Gas Production Replacement Ratio, %, 2010-2014 81
Table 37: WPX Energy, Inc., 3-Year Wt. Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2010-2014 82
Table 38: WPX Energy, Inc., Revenue and Expenses, US$ mil, 2010-2014 83
Table 39: WPX Energy, Inc., Revenue and Expenses, By Country/Region, US$ mil, 2010-2014 84
Table 40: WPX Energy, Inc., Oil and Gas Revenue and Expenses, US$/boe, 2010-2014 85
Table 41: WPX Energy, Inc., Oil and Gas Revenue and Expenses, US$/boe, By Country/Region, 2010-2014 86
Table 42: WPX Energy, Inc., Oil and Gas Performance Metrics, 2010-2014 87
Table 43: WPX Energy, Inc., Land Holdings (Developed and Undeveloped Acreage), Acres, 2010-2014 88
Table 44: WPX Energy, Inc., Land Holdings (Developed and Undeveloped Acreage), By Country/Region, Acres, 2010-2014 89
Table 45: WPX Energy, Inc., Producible Oil and Gas Wells, 2010-2014 90
Table 46: WPX Energy, Inc., Producible Oil and Gas Wells, By Country/Region, 2010-2014 90
Table 47: WPX Energy, Inc., Exploratory and Developed Wells, 2010-2014 91
Table 48: WPX Energy, Inc., Exploratory and Developed Wells, By Country/Region, 2010-2014 92

1.2 List of Figures
Figure 1: WPX Energy, Operational Map, 2015 14
Figure 2: WPX Energy, Financial and Operational Overview, 2011-2014 15
Figure 3: WPX Energy, Share Price Movement, March 2014 to February 2015 17
Figure 4: WPX Energy, Operating Areas, 2015 19
Figure 5: WPX Energy, Total Capital Expenditure Breakdown (%), 2014 20
Figure 6: WPX Energy, Total Daily Production Volume (mmcfed), 2014 22
Figure 7: WPX Energy, Organic Reserve Additions and Reserve Replacement Ratio, 2011-2014 24
Figure 8: WPX Energy, Total Oil and Gas Production (mmboe), 2011-2014 26
Figure 9: WPX Energy, Operating Areas, 2015 29
Figure 10: WPX Energy, Net Productive and Dry Exploratory and Development Wells, 2010-2014 31
Figure 11: WPX Energy, Net-Wells-to-Gross-Wells Ratio (%), 2010-2014 32
Figure 12: WPX Energy, Total Production (mmboe), 2012-2019 34
Figure 13: WPX Energy, Production Mix (%), 2012-2019 35
Figure 14: WPX Energy, Production Asset, 2015 36
Figure 15: WPX Energy, Piceance Basin, Operational Map, 2015 38
Figure 16: WPX Energy, Piceance Valley 3D Seismic Coverage Map, 2015 39
Figure 17: WPX Energy, Williston Basin, Operational Map, 2015 42
Figure 18: WPX Energy, San Juan Basin, Operational Map, 2015 44
Figure 19: WPX Energy, San Juan Basin, Operational Map, 2015 45
Figure 20: WPX Energy, Total Capital Expenditure Breakdown (%), 2015 47
Figure 21: WPX Energy, Total Capital Expenditure Breakdown (%), 2014 48
Figure 22: WPX Energy, Capital Expenditure (US$ mil), 2010-2014 49
Figure 23: WPX Energy, Costs Incurred (US$ mil), 2010-2014 50
Figure 24: WPX Energy, Reserve Replacement Ratio (%) and Finding and Development Costs (US$/boe), 2011-2014 52
Figure 25: WPX Energy and Peer Group, Relative Share Price Performance Index (%), February 2014 to January 2015 60
Figure 26: WPX Energy and Peer Group, Financial Parameters (US$/boe), 2013 62
Figure 27: WPX Energy and Peer Group, Financial Parameters (US$/boe), 2013 63
Figure 28: WPX Energy and Peer Group, Finding and Development Cost and Reserve Replacement Comparison (US$/boe), 2013 64
Figure 29: WPX Energy and Peer Group, Total Reserves and Production (mmboe), 2013 65
Figure 30: WPX Energy and Peer Group, Reserve Life Index (in years), 2013 66
Figure 31: WPX Energy, Peer Group Comparison, Valuation Ratios, 2013 69


If the above report does not have the information suitable for your business, we can provide custom research that can be lucrative for your business or enhance your profession.